26 U.S.C. § 1444

Current through P.L. 118-47 (published on www.congress.gov on 03/23/2024)

Section 1444 - Withholding on Virgin Islands source income

For purposes of determining the withholding tax liability incurred in the Virgin Islands pursuant to this title (as made applicable to the Virgin Islands) with respect to amounts received from sources within the Virgin Islands by citizens and resident alien individuals of the United States, and corporations organized in the United States, the rate of withholding tax under sections 1441 and 1442 on income subject to tax under section 871(a)(1) or 881 shall not exceed the rate of tax on such income under section 871(a)(1) or 881, as the case may be.

26 U.S.C. § 1444

Added Pub. L. 97-455, §1(b), Jan. 12, 1983, 96 Stat. 2497; amended Pub. L. 100-647, title I, §1012(x), Nov. 10, 1988, 102 Stat. 3530.

EDITORIAL NOTES

AMENDMENTS1988- Pub. L. 100-647 struck out "(as modified by section 934A)" before "shall not exceed".

STATUTORY NOTES AND RELATED SUBSIDIARIES

EFFECTIVE DATE OF 1988 AMENDMENT Amendment by Pub. L. 100-647 effective, except as otherwise provided, as if included in the provision of the Tax Reform Act of 1986, Pub. L. 99-514, to which such amendment relates, see section 1019(a) of Pub. L. 100-647 set out as a note under section 1 of this title.

EFFECTIVE DATESection applicable to payments made after Jan. 12, 1983, see section 1(e)(2) of Pub. L. 97-455 set out as a note under section 934 of this title.